Legal & General Group (OTCMKTS:LGGNY) Shares Cross Below Fifty Day Moving Average – Here’s Why

by · The Cerbat Gem

Legal & General Group Plc (OTCMKTS:LGGNY – Get Free Report)’s stock price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $14.41 and traded as low as $14.14. Legal & General Group shares last traded at $14.37, with a volume of 142,328 shares.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. UBS Group raised Legal & General Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, December 5th. The Goldman Sachs Group upgraded shares of Legal & General Group from a “strong sell” rating to a “strong-buy” rating in a research note on Thursday, December 5th.

Read Our Latest Report on LGGNY

Legal & General Group Trading Up 0.6 %

The business has a fifty day moving average price of $14.40 and a 200 day moving average price of $14.65.

Legal & General Group Company Profile

(Get Free Report)

Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in Legal & General Retirement Institutional (LGRI), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Retail segments.

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